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  1. #11
    Join Date
    Jan 2005
    Posts
    1,443

    Default

    Quote Originally Posted by Rolf View Post
    The tenancy agreement should specify method of payment, so if they don't comply I would suggest serving them a notice immediately.

    Is it really worth 1 1/2 hour of your time every week? I would assume not.
    You have to decide what your time is worth. If you subtract 1.5x your hourly rate from their weekly payment, how does your cashflow look then...?
    I don't know whether that I would get this anal about costs...surely?!!

  2. #12
    Join Date
    Dec 2004
    Location
    Beautiful Waitakere Ranges
    Posts
    519

    Default

    1.5 hours times 52 weeks = 78 hours pr. year. That is two full work weeks spent on a single tenant.

    Life is just too short for that I think.
    High resolution Fractal Art on quality canvas: www.FractalArt.co.nz

  3. #13
    Join Date
    Nov 2005
    Posts
    3,286

    Default

    TIME
    My thinking is closer to Rolf's.

    xris

  4. #14
    Join Date
    May 2004
    Location
    Bay Of Plenty, NZ
    Posts
    3,604

    Default Idiotic tenants!!!

    Okay, we all know we are in the business of property investing and with those of us with B&H's, there are tenants.

    My biggest gripe - having to explain to tenants that I don't care if their car/cat/goldfish/relative collapsed/died, I don't want to know about their personal lives, that I don't care who they're bonking (or not!!), that they've got a ingrown wart/epilepsy/ESP.

    I'm providing a building in which you have your life. No more, no less.

    Respect my property, pay your rent on time BUT I DON'T WANT TO LIVE YOUR LIFE FOR YOU!!

    Rant over.
    Patience is a virtue.

  5. #15
    Join Date
    Dec 2004
    Posts
    2,081

    Default

    Your tenants are only as good as your properties, invest in crap properties you will get crap tenants.

  6. #16
    Join Date
    Jan 2005
    Posts
    1,443

    Default

    Quote Originally Posted by Josko View Post
    Your tenants are only as good as your properties, invest in crap properties you will get crap tenants.
    Not always true......plenty of arsehole crap tenants renting quality properties too!

  7. #17
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    1,908

    Default

    We need a basic "Living Skills Course".
    Tenants should have a certificate to prove they've passed before they're legally allowed to rent a house.

    Lesson 1: How to open a window.


    Followed by one for landlords!?
    Lesson 1: Don't be such a p****k.
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

  8. #18
    Join Date
    Dec 2004
    Posts
    2,081

    Default

    Quote Originally Posted by Glen View Post
    Not always true......plenty of arsehole crap tenants renting quality properties too!
    Yes, I can imagine that happening too , I stand corrected.

  9. #19
    Join Date
    Jan 2005
    Posts
    1,443

    Default

    Quote Originally Posted by PC View Post
    We need a basic "Living Skills Course".
    Tenants should have a certificate to prove they've passed before they're legally allowed to rent a house.

    Lesson 1: How to open a window.


    Followed by one for landlords!?
    Lesson 1: Don't be such a p****k.
    We could even adapt this "Living Skills Course" to the general public I think!

  10. #20
    Join Date
    Jun 2005
    Location
    Nelson NZ
    Posts
    3,864

    Default

    You are just too nice.
    Learn to act like a landlord.
    Serve them a rent increase.


 

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